Apple Q4 2015: Record $51.5B revenue, 48M iPhones, 9.8M iPads

Apple reported its fourth quarter 2015 financial results today, with 48 million iPhones and 9.8 million iPads sold. The company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. In Q4 2014, Apple had revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share. Gross margin was 39.9 percent compared to 38 percent a year ago. International sales contributed to 62 percent of this quarter’s revenue.

For Q1 2016, Apple is providing guidance of revenue between $75.5 billion and $77.5 billion, and gross margin between 39 percent and 40 percent. Apple’s earnings call will begin at 5 p.m. Eastern time, and can be heard live on the company’s investor website.
“Fiscal 2015 was Apple’s most successful year ever, with revenue growing 28% to nearly $234 billion. This continued success is the result of our commitment to making the best, most innovative products on earth, and it’s a testament to the tremendous execution by our teams,” said Tim Cook, Apple’s CEO. “We are heading into the holidays with our strongest product lineup yet, including iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded lineup of cases and bands, the new iPad Pro and the all-new Apple TV which begins shipping this week.”

“Apple’s record September quarter results drove earnings per share growth of 38% and operating cash flow of $13.5 billion,” said Luca Maestri, Apple’s CFO. “We returned $17 billion to our investors during the quarter through share repurchases and dividends, and we have now completed over $143 billion of our $200 billion capital return program.”

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